Bank of America net income jumps 19%, extending the rally for big banks
Bank of America said its profits grew 19% in its most recent quarter, the latest of the big banks to see its bottom line boosted by higher interest rates. The […]
Bank of America profits grow 15%, avoids industry crisis
NEW YORK (AP) — Bank of America said its profits grew 15% last quarter, the latest of the big banks to do exceptionally well this earnings season as investors and […]
Gen Z Got the Memo: Owning a Home Is Worth It
The youngest generation of homebuyers is not dragging their feet. According to Bank of America’s Homebuyer Insights Report, 59 percent of prospective homebuyers between the ages of 18 and 23 […]
Bank of America renews 194,000 SF lease at 525 North Tryon
Bank of America’s facilities at 525 North Tryon St. in Uptown will remain right where they are for 2017. The banking giant has renewed it’s lease for 194,000 square feet […]
BERKO: Investing in banks
Dear Mr. Berko: The three bank stocks — Bank of America, Citigroup and BB&T — I’ve owned since September 2014 had disappointing results at first. My stockbroker nearly persuaded me […]
BERKO: BofA appears to be turning the corner
DEAR MR. BERKO: My stockbroker wants me to buy 200 shares of Bank of America for my individual retirement account and keep them for the long term. I read your […]
Bank of America profits fall 20 percent, hurt by low rates
NEW YORK (AP) — Bank of America’s earnings fell 20 percent in the second quarter, the bank said Monday, as historically low interest rates make it less profitable to make […]
Appeals court reverses fraud finding against Bank of America
NEW YORK (AP) — A federal appeals court has reversed a jury’s finding that Bank of America Corp. was liable for fraud for its actions before the economy collapsed in […]
Bank of America misses Street 1Q forecasts
CHARLOTTE, N.C. (AP) _ Bank of America Corp. (BAC) on Thursday reported first-quarter profit of $2.68 billion. The bank, based in Charlotte, North Carolina, said it had earnings of 21 cents […]
Bank of America profit drops 18 percent on weak trading unit
NEW YORK (AP) — Bank of America’s first-quarter profit fell more than 18 percent from a year earlier, hurt by weak performance in its global trading unit. The bank reported […]
BofA Plaza to undergo makeover
The Bank of America Plaza, one of Charlotte’s earliest symbols of Uptown renewal, is set to receive a $20 million makeover that will include expanding and renovating the main lobby […]
Bank of America profit grows, but says growth is a struggle
NEW YORK (AP) — Bank of America reported higher profits on better performance in consumer banking and lower costs, but the bank acknowledged that it is struggling to increase revenue […]
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